Secretary for Labour and Welfare Law Chi-kwong (right) pledged to buy property for the plan only when the price was reasonable. Photo: Felix Wong

HK$20 billion plan to provide more care facilities won’t disrupt property market, Hong Kong welfare chief Law Chi-kwong says

  • Scheme will be implemented in phases over three to five years, with about 20 pieces of private property acquired each year
Topic |   Hong Kong Budget 2019-2020

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Secretary for Labour and Welfare Law Chi-kwong (right) pledged to buy property for the plan only when the price was reasonable. Photo: Felix Wong
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Financial Secretary Paul Chan (right) appearing on a radio phone-in programme about the budget. Photo: Jonathan Wong

Hong Kong finance chief Paul Chan defends budget amid criticism that it does too little to address health care and housing

  • Salary tax deductions for rent had been ‘seriously considered’ but could backfire, financial secretary says a day after unveiling blueprint
  • He also points to extra health care measures such as HK$700 million in additional recurrent funding for Hospital Authority
Topic |   Hong Kong Budget 2019-2020

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Financial Secretary Paul Chan (right) appearing on a radio phone-in programme about the budget. Photo: Jonathan Wong
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